The leu accelerated the trend of depreciation over the last week, due to the domestic political tensions, and separated from the regional evolutions. The Romanian currency is the only in Central and Eastern Europe which dropped against euro since the beginning of the year, show the data analysed by Profit.ro. Euro reached new historic levels against the leu at each of the last four meetings for tradings and which is closer to the threshold of 5 lei at the official quotation of BNR. The weakness of the leu is deepened by the political crisis which could end with the destruction of the governing alliance after the USR-PLUS ministers resigned from the Citu Cabinet. ‘ The government of the premier Citu is close to collapse. This influenced both the currency and the sovereign bonds’ showed a notice of Erste Research, quoted by Profit.ro. Euro increased with almost a quarter percentage point against the leu over the last week, while it was stable against the Polish Zlot and the Czech Krone and dropped against the Hungarian Forint by 0.4%. The Forint is on a growing trend, after the central bank increased the key interest and entered a cycle of strengthening of the monetary policy. The expectations of the analysts are that the central bank of Poland is going to increase the key interest, although the governor Adam Glapinski stated that it was not the case. The Romanian leu went the worst from the Central and Eastern Europe this year – euro increased against the Romanian currency by almost 2% while it dropped against the Zloty by 1%, by more than 3% against the Krone and over 4% against the Forint.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
